6Piers Morgan Tonight
taxes is because the median income is as low as 1995. until the current election season, republicans and democrats supported both the child tax credit and the earned income tax credit. i doubled the earned income tax credit. it was signed under the tax credit. reagan started it. we started it with a strong support of republicans in congress. president bush dealt with that, then president obama increased the earned income tax credit for families with more than three children. this is a rejection of basically more than three decades of bipartisan policy to support working families. it's not a bunch of free loaders. there's only 4% of the total population who don't pay federal income tax and don't work and may not be looking for work. we now have the numbers on this, so, i think that most important thing for him is to find a way to relate to more people in these debates and speak to more of them. this is not the republican primary anymore. >> is he principled, do you think? mitt romney? >> that's not the issue, to me. i think he will -- i think he's principled in the sense that he will
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his tax plan which gives the wealthy huge new tax breaks? because according to experts, he would have to raise taxes on the middle class, or increase the deficit to pay for it. if we can't trust him here, how could we ever trust him here? >> roller coaster week hitting a high note for president obama. the new jobless numbers are easing the pain of his poor debate performance and bring romney's momentum to a sharp stop or it may not. joining me now, "new york times" columnist, nick kristof. let's start with the job figures today. because it's clearly good news for barack obama politically if nothing else. >> not only the numbers today but the revisions for the last two months. we seem to really be on a trajectory and you know, this is going -- apparently what really matters is not the economy for the year but the economy at the moment as people approach the election. people are beginning to vote. >> the good news for barack obama there. not so good news his performance at the debate. common consensus is a bit of a turkey. >> he blew it. >> why did he blow it? he's such a skillful
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romney has been running around the country for the last year promising $5 trillion in tax cuts that favor the wealthy. the fellow onstage last night said he didn't know anything about that. >> tonight, the post-debate political landscape seems rather different. a whopping 67% think mitt romney won the debate. 25% for president obama. there's a long way to go in this debate and the divide between left and right is growing. th brings me to tonight's battleground america. the debate you have been waiting for. jennifer granholm versus newt gingrich. she's the former governor of michigan. he's of course, the former presidential candidate and speaker of the house. just as in last night's debate, we are running a clock at the bottom of your screen to keep track of speaking time for our debaters although frankly, i want a real debate. if you two decide to go at each other, chew each other to pieces, that's fine with me. we'll forget all about the clock. if i want to interrupt and pick you up on any inconsistencies in your arguments, i will be piling in with impunity also ignoring the clock.
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